Product Code: GVR-2-68038-611-0
Smart Robots Market Growth & Trends:
The global smart robots market size is anticipated to reach USD 131.46 billion by 2030, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 26.5% from 2025 to 2030. Factors such as increasing adoption of autonomous robots for carrying out iterative tasks, rapid technological developments in robotics, and increasing investments in industrial automation have boosted the adoption of smart robots in various end use segments.
Smart robots are commonly used for performing various tasks in field applications, metal fabrication, packaging and palletizing, among others. These robots perform tasks independently as well as can work with humans in various manufacturing and maintenance operations. Smart robots are widely used in industries such as automotive and manufacturing to enhance productivity and to reduce labor cost. In addition, benefits such as minimal accidents and higher accuracy are driving the market growth.
The introduction of smart collaborative robots and Artificial Intelligence (AI) enabled systems with enhanced reliability and accuracy is expected to drive growth of the smart robots market over the forecast period. Numerous companies such as Fanuc Corporation, ABB Ltd., and Yaskawa Electric Corporation, among others, are implementing advanced robotics technologies for versatile end-use applications. This factor is anticipated to further boost the market expansion in the forthcoming years.
The industrial robot segment is anticipated to witness substantial growth in near future owing to their wide adoption in process automation in various industries. Increasing investment in industrial automation has boosted the adoption of smart robots among packaging, manufacturing, and material handling among other industries. Moreover, rising adoption of Internet of Things (IoT) and Artificial Intelligence (AI) has also encouraged end users to implement the smart robotics technology.
The market for smart robots is expected to witness volatility owing to mergers and acquisitions, high competition, and presence of new as well as well-established participants. In August 2016, Panasonic Corporation acquired OpenSynergy GmbH, a German software company. OpenSynergy is a high-tech company specializing in embedded automotive software for cockpit solutions. This acquisition is expected to enhance its business in the automotive sector.
Smart Robots Market Report Highlights:
- Demand for smart robots has increased over the years owing to benefits such as automation, safety, cost reduction, and reliability
- Governments across the globe are promoting industrial automation to improve productivity
- The Asia Pacific region is projected to witness remarkable growth over the forecast period owing to increasing application of smart robots in manufacturing and automotive industries
- The market is expected to grow at exponential pace as numerous diverse applications come to light and different types of niche products including application specific robots are commercialized
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Smart Robots Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Drivers Analysis
- 3.2.2. Market Restraints Analysis
- 3.2.3. Industry Challenge
- 3.3. Smart Robots Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
Chapter 4. Smart Robots Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Smart Robots Market: Component Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Actuators
- 4.3.2.1. Actuators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.3. Sensors
- 4.3.3.1. Actuators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.4. Power Source
- 4.3.4.1. Actuators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.5. Control Systems
- 4.3.5.1. Actuators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Smart Robots Market: Operating Environment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Smart Robots Market: Operating Environment Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Ground
- 5.3.1. Ground Smart Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Marine
- 5.4.1. Marine Smart Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Smart Robots Market: Mobility Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Smart Robots Market: Mobility Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Mobile
- 6.3.1. Mobile Smart Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Stationary
- 6.4.1. Stationary Smart Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Smart Robots Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Smart Robots Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Personal
- 7.3.1. Personal Smart Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Companionship
- 7.3.2.1. Companionship Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Education
- 7.3.3.1. Education Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. Others
- 7.3.4.1. Other Personal Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Professional
- 7.4.1. Professional Smart Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Military & Defense
- 7.4.2.1. Military & Defense Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Law Enforcement
- 7.4.3.1. Law Enforcement Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. Public Relationship
- 7.4.4.1. Public Relationship Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. Logistics Management
- 7.4.5.1. Logistics Management Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Industrial
- 7.4.6.1. Industrial Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.7. Field/Agriculture
- 7.4.7.1. Field/Agriculture Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.8. Healthcare Assistance
- 7.4.8.1. Healthcare Assistance Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.9. Others
- 7.4.9.1. Other Professional Robots Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Smart Robots Market: Region Estimates & Trend Analysis
- 8.1. Smart Robots Market Share, By Region, 2024 & 2030 (USD Million)
- 8.2. North America
- 8.2.1. North America Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. U.K.
- 8.3.2.1. U.K. Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. India Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. Japan
- 8.4.4.1. Japan Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Australia Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. South Korea
- 8.5.1.1. South Korea Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Latin America
- 8.6.1. Latin America Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Brazil
- 8.6.2.1. Brazil Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7. MEA
- 8.7.1. MEA Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7.2. Saudi Arabia
- 8.7.2.1. Saudi Arabia Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7.3. UAE
- 8.7.3.1. UAE Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7.4. South Africa
- 8.7.4.1. South Africa Smart Robots Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. Accenture
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. iRobot Corporation
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Kawasaki Heavy Industries, Ltd.
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Fanuc Corporation
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Omron Corporation
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Intuitive Surgical Operations, Inc.
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. OTC Daihen Inc.
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. Panasonic Industry Europe GmbH
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Yaskawa Electric Corporation
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Kuka AG (Midea Group)
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives
- 9.4.11. Boston Dynamics
- 9.4.11.1. Participant's Overview
- 9.4.11.2. Financial Performance
- 9.4.11.3. Product Benchmarking
- 9.4.11.4. Strategic Initiatives